The rust belt is being sold a lie – China has funded US spending
The president’s bizarre solutions to the US trade deficit threaten to send his country into recessionFirst it was Europe, Canada and Mexico. Now Donald Trump’s focus has switched to the real target for his trade war: China. Wilbur Ross, the US commerce secretary, is in Beijing for talks aimed at reducing America’s $30bn-a month-deficit. Exports of Chinese high-tech manufactured goods are top of Ross’s list.Make no mistake: Trump’s strategy is a sign of weakness not
Read more »